2026-01-15 11:33:06

Bitcoin's daily chart is interesting. The upper Bollinger Band is clearly expanding, and the short-term moving averages are diverging upwards, which is a very typical bullish signal. On the 4-hour chart, the bullish arrangement is very clear, and the overall upward momentum is still present, indicating a strong consolidation phase after a breakout. Although the indicators on the hourly chart show short-term overbought conditions and may need some correction, the overall trend strength has not weakened.

On the Ethereum side, the MACD indicator's DIF is still above DEA, indicating that bullish momentum remains. Although the strength has somewhat diminished compared to before, the shrinking volume and oscillation pattern suggest a trend reversal is imminent. Driven by Bitcoin's strength, the probability of an upward breakout is indeed higher.

**The trading idea looks like this:**

Bitcoin can be considered for positioning in the 96,000-96,500 range, with a target of 98,000. Ethereum has a chance in the 3,320-3,350 range, with an upward target of 3,390. The market rhythm is quite good, just be patient and wait.

BTC-0,56%

ETH-0,13%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
7
Repost
Share

Comment

0/400

Deconstructionist

· 19h ago

The Bollinger Bands opening is honestly a bit textbook-like, it feels like we might be eating our words later. Wait, is this really a breakout or just another trap to lure in more? The hourly is overbought. 96500 has been a few times of flipping over here, I think I'll wait and see again. Ethereum has been consolidating for so long, it really seems like it's about to move, but can it follow Bitcoin and break out? 98000 is a bit greedy; I’ll just stick to 96800, that’s enough. Everyone says to wait patiently, but I’m already tired of waiting haha. Following this logic, making five profits out of ten attempts would be good, the other five all turn into chives. Bullish alignment and such, the last time I said that, it directly hit the limit down. Now I look at these indicators and feel a bit uneasy. For the 3390 target, I think we should first focus on whether we can hold steady at 3350. Basically, it’s a bet on whether Bitcoin can withstand this wave, and whether Ethereum will follow is still uncertain.

View OriginalReply0

AirdropHunterWang

· 19h ago

The Bollinger Bands widening this time does have some substance, but a correction from overbought conditions is also normal. I'm just worried about a sudden sharp rally.

View OriginalReply0

OptionWhisperer

· 19h ago

The logic of Bollinger Bands widening I've seen too many times, and it still breaks through... But this wave does feel a bit different, and hourly overbought correction is quite normal. I remember the 96500 level was broken before, but I don't know if it can hold above 98000... Ethereum's 3350 is a bit tight, and it feels like we might need to try 3380. Your sense of rhythm is really on point haha. Anyway, I'm still waiting, no rush.

View OriginalReply0

ForumLurker

· 19h ago

The Bollinger Bands widening this wave indeed looks comfortable, but the overbought condition on the hourly chart makes people a bit uneasy. Wait, does the shrinking volume and oscillation indicate a trend reversal? Isn't that a shakeout? And the probability of a breakout upwards is even higher? Entering at 96,000 feels like getting trapped again. I can never quite gauge this range. Ethereum still needs to move in tandem with Bitcoin; looking at it alone isn't very meaningful.

View OriginalReply0

Rugman_Walking

· 19h ago

The Bollinger Bands widening this time is indeed interesting. Entering at 96,000-96,500, aiming for 98,000 still has a chance. It all depends on whether we can hold it.

View OriginalReply0

OnchainSniper

· 19h ago

The Bollinger Bands opening this time is indeed interesting, and the overall rhythm is pretty good. Just worried about another sudden dump.

View OriginalReply0

FOMOrektGuy

· 19h ago

The Bollinger Bands widening this time feels really comfortable, but I'm worried it might be a false breakout again... Should I enter between 96000-96500? I'm a bit conflicted.

View OriginalReply0